Vodafone Group’s operating profit for H1 FY25 rose 28%, largely due to a €0.7 billion gain from selling an 18% stake in Indus Towers. The proceeds were used to repay loans secured against Indian assets, including Vodafone Idea.
Oil prices edged lower. Global production is expected to rise. Demand growth forecasts are weak. The US dollar strengthened. OPEC lowered its oil demand growth
US consumer price data was in line with expectations on a headline basis, although the annualized three-month core rate picked up. Overall, the numbers were
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